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melisa1 [442]
2 years ago
10

Copper Conduit, Inc., and Dependable Electric Company sign an agreement that provides for the payment of "$1,000 by whichever pa

rty commits a material breach of the contract that creates damages difficult to esti-mate but approximately $1,000." This is​:
Business
1 answer:
ASHA 777 [7]2 years ago
6 0

Answer:

A liquidated damages clause

Explanation:

A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.

Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.

In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.

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Suppose that out of the original 100 increase in government spending, 33 will be recycled back into purchases of domestically pr
serious [3.7K]

Answer:

Multiplier effect in the 4th round = 3.58

Explanation:

A change in aggregate demand can create a much greater impact in the equilibrium national income. This is known as the multiplier effect. This occurs when injections of new demand for goods and services into the circular flow of income creates further rounds of spending. For example, if the government spending was on building new affordable houses then the need for housing materials will create demand for wood, cement and other housing supplies. Thus, these businesses will see a rise in sales. Whilst they benefit through profits, their employees would benefit from wages and salaries. As their income rises, they will spend it in the economy, and so will the businesses from their profits. This additional rounds of spending is the multiplier effect.

If a 100 increase creates 33 for the second round, it is 33% (33/100 x 100) i.e. 100 x 33% = 33

This is proven since 33 x 33% = 10.89 in the third round.

Hence, the multiplier effect in the forth round = 10.89 x 33% = 3.58

7 0
3 years ago
You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone
Reil [10]
I don’t know sadly I don’t know I don’t know sadly I don’t know
8 0
3 years ago
The Levi Company issued $100,000 of 12% bonds on January 1 of the current year at face value. The bonds pay interest semiannuall
lesya [120]

Answer:

$120

Explanation:

Interest Expense on the Bonds payable is the coupon payment plus any amortized discount. As in this question there is no amortized discount because the bonds are issued on the par value.

As er given data

Face Value = $100,000

Coupon payment  = $100,000 x 12% = $120 annually = $60 semiannually

Interest Expense for the year = Interest Paid on June 30 + Interest Paid on December 31

Interest Expense for the year = $60 + $60 = $120

7 0
3 years ago
Your name, address, telephone number, and e-mail address all belong in the ____ section of a résumé.
faltersainse [42]

Answer:

heading

Explanation:

our contact information—which includes your name, address, phone number, and email address—should always appear at the top of your resume, regardless of which resume format you are using.

7 0
2 years ago
Read 2 more answers
Tucker's Trucking is considering a project with a discounted payback period just equal to the project's life. The projections in
attashe74 [19]

Answer:

Total units will be 8845 units

So option (E) will be the correct option

Explanation:

We have given fixed cost = $81000

Operating cash flow = $16300

Let there are x units

We know that operating cash flow = Revenue - cost

So $16300=27\times x-16\times x-81000

11x=97300

x = 8845 units

So option (E) will be the correct option

6 0
2 years ago
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